Four held in massive pyramid scheme

Police have arrested four executives of UFun Store Co Ltd, which operates an alleged pyramid scheme of the same name that involves 14,700 people and 10 billion baht in possible damages.

Thai Rath Online reported on Saturday the executives were charged with collaborating in fraudulent borrowings.

Read more: Bangkok Post

BANGKOK POST

Leave a Reply

Your email address will not be published. Required fields are marked *

george


Thailand News delivers the latest updates and in-depth coverage on all things Thailand. We offer a wide array of topics, including breaking news, politics, tourism, business, culture, lifestyle, and entertainment. Get breaking news and the latest news headlines from Bangkok, Phuket, Pattaya, Chiang Mai, Northern Thailand, Isan, the insurgency-plagued South and Asia.